Question
A business firm has the following details as of
31.03.2023 :  •Additional bad debts during the year = ₹ 25,000 •The firm follows a policy of maintaining 10% provision on outstanding trade receivables. What will be the total amount affected in the Profit and Loss Account due to bad debts and provision adjustments?Solution
Calculation: 1.Total Bad Debts: oExisting bad debts = â‚ą 6,000 oAdditional bad debts = â‚ą 25,000 oTotal bad debts = â‚ą 6,000 + â‚ą 25,000 = â‚ą 31,000 2.Provision Calculation: oNet receivables after bad debts = â‚ą 3,00,000 - â‚ą 31,000 = â‚ą 2,69,000 oNew provision (10% of â‚ą 2,69,000) = â‚ą 26,900 oOld provision = â‚ą 18,000 oIncrease in provision = â‚ą 26,900 - â‚ą 18,000 = â‚ą 8,900 3.Total impact on P&L: oTotal bad debts (â‚ą 31,000) + Increase in provision (â‚ą 8,900) = â‚ą 40,000
6% of 520 + 5% of 620 = ?
Find the HCF of 15x2 + 8x – 12, 3x² + x – 2, 3x² - 2x, 9x² - 12x + 4
If √3n 729, then the value of n is equal to:
(49 x ?) / 3.5 + 389 = 627
What will come in place of (?) in the given expression.
(3/4 of 64) + (1/2 of 48) = ?(64/25)? × (125/512)?-1 = 5/8
(7/5) × (3/4) × (5/9) × (6/7) × 3112 = ?
What will come in the place of question mark (?) in the given expression?
{180 + (2250/15)} Ă· 11 = ?2 + 14
((0.1)3+ (1.8)3+ (1.1)3 - 0.3 ×1.8 ×1.1)/((0.1)2+ (1.8)2+ (1.1)2- (0.18)- ...
- What will come in place of (?) in the given expression.
(0.2 Ă— 0.5) + (0.3 Ă— 0.4) = ?
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